Comments by "Bobby mainz" (@bobbymainz1160) on "WION" channel.

Inflation causes low unemployment, followed by a recession causing high unemployment. So basically everything is going by the book for now. 2023 will be the start of recession, 2024 will be the year of high unemployment, and 2025 will be the year the people start to realize what mess they are in. Luckily we have China to save us, if only we accept a few changes in the world order, but by then that will be a small price to pay.
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if you are not in the financial market space now you are making a huge mistake, i get it can be due ignorance but if you want to make your money work for you, to prevent inflation from eroding your savings, to build generational wealth and to cultivate good habit and financial knowledge
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Inflation is rapidly turning into potential hyperinflation. Inflation is destroying tens of millions of households making less than 55K per year. 73% of Americans make 55K per year. Inflation and shortages will cause a massive long lasting recession.
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In this market, there is always a method to profit! There are still nft to flip, good coins to stake, IDOs to ape into, deals to make, and yields to harvest, even if the market hasn't been set to easy mode recently. Never give up on achieving your goals!
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Lot's of crypto projects aren't worth venturing into, good to see that the current market is fishing them all out. The weak projects/Assets will all collapse.
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The market will separate the long-term wealth builders from the get-rich quick-minded people real fast! Just like Kelvin O'Leary said, 'someone must get to Zero for the recovery to begin' i foresee a more crash and depression unless the Regulations happen fast.
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Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
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If they actually measured US inflation like they did in 1980 the current rate would be around 17% which would be higher than the 13.5% in 1980 and the highest in over a hundred years, since 1918. It also means that REAL interest rates are negative by 16% or negative by 7.6% (1% nominal minus 8.6% CPI) using the modern method of calculating CPI.
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When the stock market is back up, you will wish to have invested today in the red. you may never see these prices again.
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@thelmaroberts9935 Even the best investors lose money when when the market is down or when they make a decision that doesn’t turn out as hoped. But, overall investing should increase your net worth considerably, mine was not doing that, I had to hire ‘’Eileen Ruth Sparks’’ as my F.A. who helped helped me understand what I was doing wrong and evident positive changes took place immediately.
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@stephaniestella213 If you need advice, look her up on the internet. the truth is multiple streams of income can’t be underrated in times like this.
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People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
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I see an uptrend Signal!! Let's quit following the investor panicking on social media, we are never near the bottom. Those who sold in a hurry cannot eat their cake and have it too. Bitcoin will progressively increase in value.
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People are working and there is little or nothing to show for it. everybody is basically working to sort out one bill or the other. no savings.
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This bear market is a prime example of why we should have a strong foundation built & cash position in our investment portfolios. Allows you to handle the volatility more comfortably, giving you a peace of mind & take advantage of high-quality companies at a discounted price.
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